Exxon to pay spill penalty interest

Elizabeth Bluemink

Anchorage Daily News

Exxon Mobil Corp. said June 29 it won’t appeal nearly $500 million in interest that a court recently ordered it to pay to Alaska fishermen, business owners and others harmed by the 1989 Exxon Valdez oil spill.
Exxon said it will pay $470 million in interest on the $507.5 million in punitive damages....

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